Gettop Acoustic Co., Ltd. (SHE:002655)

Gettop Acoustic Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	1,365	1,194	982.36	995.29	902.35	1,160
Other Revenue	13.78	13.78	15.24	7.6	34.41	19.94
Revenue	1,379	1,208	997.6	1,003	936.76	1,180
Revenue Growth (YoY)	19.98%	21.06%	-0.53%	7.06%	-20.62%	19.89%
Cost of Revenue	1,025	912.38	764.7	787.08	689.26	962.46
Gross Profit	353.35	295.3	232.9	215.81	247.5	217.64
Selling, General & Admin	129.99	108.49	88.27	101.47	95.54	87.28
Research & Development	84.92	65.8	54.42	63.93	63.34	58.1
Other Operating Expenses	11.71	8.43	9.72	9.63	8.95	8.96
Operating Expenses	226.61	186.7	161.26	174.31	166.2	154.17
Operating Income	126.74	108.61	71.64	41.49	81.3	63.47
Interest Expense	-15.5	-12.49	-9.15	-5.43	-11.74	-15.3
Interest & Investment Income	4.35	5.46	2.96	0.86	0.88	0.72
Currency Exchange Gain (Loss)	3.38	3.38	1.64	10.16	-1.87	-6.35
Other Non Operating Income (Expenses)	-0.94	0.92	-1.5	-0.51	0.9	-2.05
EBT Excluding Unusual Items	118.04	105.88	65.6	46.56	69.47	40.49
Gain (Loss) on Sale of Investments	-0.2	-0.21	-0.15	-0.44	-0.23	-
Gain (Loss) on Sale of Assets	-0.7	-0.66	0.01	0.75	-0.02	0.66
Asset Writedown	-1.96	-5.99	-3.99	-2.45	-8.36	-1.67
Other Unusual Items	0.09	0.09	2	6.71	0.36	4.86
Pretax Income	115.27	99.12	63.48	51.13	61.23	44.34
Income Tax Expense	19.44	14.14	3.89	-5.02	-4.32	-1.6
Earnings From Continuing Operations	95.83	84.99	59.58	56.15	65.55	45.94
Minority Interest in Earnings	-8.42	-6.1	-3.91	-0.1	-	-
Net Income	87.41	78.89	55.67	56.06	65.55	45.94
Net Income to Common	87.41	78.89	55.67	56.06	65.55	45.94
Net Income Growth	14.27%	41.71%	-0.69%	-14.49%	42.71%	49.05%
Shares Outstanding (Basic)	360	360	360	360	364	353
Shares Outstanding (Diluted)	361	360	360	360	364	353
Shares Change (YoY)	0.28%	-0.01%	-0.11%	-1.01%	3.07%	3.19%
EPS (Basic)	0.24	0.22	0.15	0.16	0.18	0.13
EPS (Diluted)	0.24	0.22	0.15	0.16	0.18	0.13
EPS Growth	13.96%	41.72%	-0.58%	-13.61%	38.46%	44.44%
Free Cash Flow	-132.51	-107.32	102.1	42.49	-17.96	116.78
Free Cash Flow Per Share	-0.37	-0.30	0.28	0.12	-0.05	0.33
Dividend Per Share	0.030	0.030	0.030	0.040	-	-
Dividend Growth	-	-	-25.00%	-	-	-
Gross Margin	25.63%	24.45%	23.35%	21.52%	26.42%	18.44%
Operating Margin	9.19%	8.99%	7.18%	4.14%	8.68%	5.38%
Profit Margin	6.34%	6.53%	5.58%	5.59%	7.00%	3.89%
Free Cash Flow Margin	-9.61%	-8.89%	10.23%	4.24%	-1.92%	9.90%
EBITDA	185.25	169.37	135.41	112.33	164.23	145.73
EBITDA Margin	13.44%	14.03%	13.57%	11.20%	17.53%	12.35%
D&A For EBITDA	58.51	60.77	63.77	70.84	82.93	82.26
EBIT	126.74	108.61	71.64	41.49	81.3	63.47
EBIT Margin	9.19%	8.99%	7.18%	4.14%	8.68%	5.38%
Effective Tax Rate	16.87%	14.26%	6.13%	-	-	-
Revenue as Reported	1,379	1,208	997.6	1,003	936.76	1,180

Source: S&P Global Market Intelligence. Standard template. Financial Sources.